Economics

Finland Limps Down Road to Euro Treaty Failure

Lock
This article is for subscribers only.

Finland is sliding down a recession-greased slope and risks building up more debt than euro-zone members are allowed to have.

As early as 2015, Finland “won’t really have the means” to keep debt below the 60 percent threshold of gross domestic product allowed in the euro area, according to Pasi Holm, managing director at Helsinki-based PTT Research Institute.